Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms, APR, finance charges, and payment schedules in vehicle financing agreements
FTC Used Car Rule: Federal regulation requiring dealers to display a Buyers Guide with warranty and other important information for used vehicle sales
Federal Consumer Leasing Act: Federal law governing disclosure requirements for consumer lease agreements, including vehicle leases
Equal Credit Opportunity Act: Federal law prohibiting discrimination in credit transactions, including vehicle financing, based on race, color, religion, national origin, sex, marital status, or age
Fair Credit Reporting Act: Federal law regulating the collection and use of consumer credit information in financing decisions
Magnuson-Moss Warranty Act: Federal law governing warranties on consumer products, including vehicles, requiring clear disclosure of warranty terms
UCC Article 2 (Sales): Uniform state law governing the sale of goods, including vehicles, covering formation of contracts, warranties, and remedies
UCC Article 9 (Secured Transactions): Uniform state law governing security interests in personal property, including vehicle financing arrangements
State Vehicle Sales Laws: State-specific regulations governing vehicle sales, transfers, and registration requirements
State Consumer Protection Laws: State-specific laws protecting consumers from unfair or deceptive practices in vehicle sales
State Lemon Laws: State-specific laws providing remedies for consumers who purchase defective vehicles
State Usury Laws: State-specific regulations limiting maximum interest rates and finance charges in vehicle sales agreements
DMV Regulations: State-specific Department of Motor Vehicles rules governing vehicle registration, titling, and transfer requirements
Odometer Disclosure Requirements: Federal and state requirements for accurate disclosure of vehicle mileage during sales transactions
Environmental Regulations: Federal and state emissions and environmental standards that vehicles must meet for legal sale and transfer
Insurance Requirements: State-specific mandatory insurance coverage requirements for vehicle ownership and operation
